Monero has finally made its move. The XMR price surged higher with a strong daily candle that carried the price into the $550 area, marking its highest level since May 2021.
After months of quiet, sideways trading and steady accumulation, the chart has clearly shifted gears. What was once a waiting game has now turned into a full expansion phase, and traders who stayed patient are finally seeing the payoff.
This move didn’t come out of nowhere. The breakout followed a long stretch where Monero kept printing higher lows while pressure built underneath a major resistance zone. Once that ceiling broke, the price didn’t hesitate. It moved fast, leaving very little room for anyone still waiting on the sidelines.
XMR Daily Chart Confirms a Real Structural Shift
Looking at the daily chart shared by Ardi, the XMR price spent much of the past year trapped between the low $400s and the upper $400s. It was a frustrating range, but it was also constructive.
Every dip found buyers, and every rally stalled just below resistance, which is often a sign of accumulation rather than weakness.
Source: X/@ArdiNSC
The real change came when Monero pushed through the $480–$500 zone. Instead of fading back into the range, price accelerated sharply and closed strong.
Volume picked up alongside the move, which adds confidence that this wasn’t just a quick spike. The market accepted higher prices, rather than rejecting them.
What Levels Matter From Here for Monero
From here, the old resistance zone between $480 and $500 becomes the key area to watch. As long as the XMR price stays above that range on any pullbacks, the bullish structure remains intact. Even a retest of that zone wouldn’t be surprising and wouldn’t automatically signal trouble.
On the upside, $600 now stands out as the next big psychological level. If momentum holds and the broader market cooperates, a move toward the $620–$650 area starts to look realistic. That said, after such a sharp rally, some consolidation along the way would be completely normal.
Read Also: Why is Monero (XMR) Price Up?
What This Breakout Means Going Forward
This move changes the bigger picture for Monero. The XMR price has reclaimed levels that held it back for years, and that alone shifts the technical narrative.
Whether price keeps pushing higher or pauses to digest gains will depend on how it behaves around new support.
For now, Monero isn’t lagging anymore. It’s setting the pace, and the XMR price prediction stays constructive as long as the breakout structure continues to hold.
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The post Monero (XMR) Price Pushes to Fresh Highs as the Breakout Accelerates appeared first on CaptainAltcoin.
